What is the size of the Car Accessories Market?
According to 6Wresearch internal database and industry insights,
Global Car Accessories Market was estimated at
USD 559 billion in 2024 and is projected to reach
USD 791 billion by 2031, growing at a
CAGR of 6.1% during the forecast period 2025–2031.
Due to several factors including the rising automobile ownership, consumer focus on vehicle aesthetics and comfort, and rapid expansion of the automotive aftermarket, the market is predicted for steady growth over the coming years.
Key Growth Drivers of the Car Accessories Market
- Increasing demand for enhanced comfort, convenience, and safety features in vehicles
- Growing popularity of personalized and aesthetic upgrades among vehicle owners
- Expanding global vehicle parc and aging car population fuelling aftermarket demand
- Rising adoption of connected car accessories and in-vehicle infotainment systems
- Growth in e-commerce and online platforms offering diverse accessory choices
Car Accessories Market Trends
The car accessories market is undergoing for major transformation with notable trends such as digitalization and changing consumer behaviour. The preference for smart, connected accessories is rising such as voice-enabled infotainment, wireless chargers, and heads-up displays. Also, the sustainability trends are also influencing product development, with eco-friendly interior materials and recyclable components gaining traction. Further, the rising popularity of electric vehicles (EVs) is generating demand for specialized accessories such as EV-compatible floor mats, chargers, and organizers.
Emerging Developments in the Car Accessories Market
Car accessories market is seeing new developments with innovation which is central to the car accessories market. Alongside, the manufactures are increasing the investments in smart automotive technologies and IoT-integrated accessories. The trend of modular and plug-and-play components is simplifying installation and customization. Furthermore, regional manufacturing hubs are expanding in Asia-Pacific and Eastern Europe, enhancing supply chain efficiency and lowering production costs.
Leading Companies in the Car Accessories Market
- Robert Bosch GmbH
- Garmin Ltd.
- Continental AG
- Denso Corporation
- 3M Company
- Pioneer Corporation
- HARMAN International (Samsung)
- Momo Srl
- Thule Group
- Covercraft Industries, LLC
How big is the Car Accessories Market : FAQs
The Car Accessories Market was estimated at USD 559 billion in 2024 and is projected to reach USD 791 billion by 2031.
Growth is driven by rising automotive sales, increased customization demand, and technological advancements in vehicle accessories.
Connected devices, eco-friendly components, EV-specific accessories, and smart upgrades are major trends.
Major players include Bosch, Garmin, Continental, 3M, and HARMAN.
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